Doyoumoney

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11	Dec-10	Dec-09	Dec-08	Dec-07	Dec-06
Total cash and short-term investments +	1.71	21.10	28.14	22.32	19.34	16.08	10.97	6.11	5.42	3.92	3.49	2.66	1.56	1.50	1.10	1.65	1.28	0.07	3.69	1.72
Cash and cash equivalents	1.71	9.86	14.87	9.89	8.96	7.26	3.55	0.53	1.35	0.31	0.87	0.36	0.17	0.07	0.07	0.10	0.46	0.07	0.13	0.43
Short-term investments	0.00	11.24	13.27	12.43	10.38	8.82	7.42	5.57	4.08	3.61	2.62	2.30	1.39	1.44	1.04	1.55	0.82		3.56	1.30
Accounts receivable, net	1.15	6.69	4.95	5.71	3.37	2.46	2.99	1.33	0.58	0.98	0.17	0.11	0.14	0.14	0.07	0.07		0.16	0.22
Inventories	0.02	0.06	0.06	-0.14	-0.03	-0.25	-10.40	0.00	0.00	0.00	0.00			0.00				0.03
Other current assets	0.00	0.10		0.18	0.03	0.25	10.40	0.00	0.06	0.00	0.00			0.01	0.34	0.70	0.87	1.71	0.01	0.05
Total current assets	2.88	27.85	33.14	28.22	22.74	18.79	13.96	7.43	6.06	4.90	3.67	2.77	1.69	1.65	1.52	2.42	2.16	1.97	3.92	1.77
Total non-current assets +	9.97	17.96	2.15	1.90	1.89	2.35	1.18	1.03	0.54	0.34	0.23	0.10	0.04	0.04	0.05	0.06	0.07	1.29	0.04	0.03
Property, plant and equipment, net				1.32	0.98	0.74	0.41	0.16	0.11	0.03	0.03
Goodwill	0.35	2.54	0.00				0.00	0.00	0.00	0.00	0.00							0.31
Intangible assets	9.10	12.34	0.10	0.15	0.25	0.34	0.47	0.47	0.12	0.18	0.19	0.06	0.00
Long-term investments	0.04	0.23	0.13	0.13	0.37	1.08	0.15	0.00	0.00	0.00	0.00
Other non-current assets
Total assets	12.84	45.81	35.29	30.12	24.63	21.14	15.14	8.46	6.60	5.24	3.90	2.87	1.73	1.69	1.56	2.48	2.22	3.26	3.96	1.80

Total current liabilities +	1.42	5.31	2.48	1.82	1.57	1.25	0.94	0.44	0.33	0.41	0.41	0.66	0.91	1.18	0.98	1.32	0.89	1.06	1.07	0.19
Accounts payable	1.07		2.31	1.72	0.35	0.15	2.99	1.33	0.58	0.02	0.03	0.11	0.14	0.08	0.03	0.03	0.04	0.09	0.08	0.05
Short-term debt	0.29	0.09	0.09	0.07	0.06	0.04	0.03	0.00	0.00	0.06	0.00	0.00	0.00	0.00	0.01	0.12	0.01	0.01	0.01	0.01
Current portion of long-term debt	0.27						0.00	0.00	0.00	0.00	0.00
Deferred revenue
Other current liabilities	0.04	3.48	2.31	1.75	1.16	1.21	0.84	0.32	0.18	0.10	0.10	0.11	-0.05	0.09	0.07	0.07	0.34	0.96	0.98	0.13
Total non-current liabilities +	5.59	3.81	1.20	1.01	0.86	0.77	0.16	0.00	0.00	0.00	0.00	0.18	0.16	0.13	0.10	0.08	0.03	0.01	0.01	0.01
Long-term debt	5.00						0.00	0.00	0.00	0.00	0.00
Capital lease obligations	0.15	1.03	0.77	0.60	0.43	0.32	0.18	0.00	0.00	0.00	0.00
Other non-current liabilities							0.00	0.00	0.00	0.00	0.00
Total liabilities	7.01	9.11	3.68	2.84	2.43	2.02	1.10	0.45	0.33	0.41	0.42	0.83	1.07	1.31	1.08	1.40	0.92	1.07	1.08	0.20

Total stockholders' equity +	5.83	36.70	31.61	27.28	22.20	19.12	14.05	8.01	6.27	4.83	3.49	2.03	0.66	0.38	0.49	1.08	1.30	2.19	2.88	1.61
Common stock and paid-in capital	1.75	13.15	12.59	12.47	12.18	12.01	11.92	8.21	8.13	7.93	7.71	7.06	6.02	5.86	5.49	5.51	5.47	5.50	5.39	3.82
Retained earnings	4.09	23.55	19.02	14.81	10.02	7.11	2.13	-0.20	-1.85	-3.11	-4.23	-5.03	-5.36	-5.48	-5.01	-4.43	-4.17	-3.32	-2.51	-2.21
Common shares outstanding	627	646	659	660	660	659	636	620	621	618	608	573	519	460	449	449	449	446	439	389

Show Quarterly Balance Sheet

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14	Sep-14	Jun-14	Mar-14	Dec-13	Sep-13	Jun-13	Mar-13	Dec-12	Sep-12	Jun-12	Mar-12	Dec-11	Sep-11	Jun-11	Mar-11	Dec-10	Sep-10	Jun-10	Mar-10	Dec-09	Sep-09	Jun-09	Mar-09
Total cash and short-term investments +	1.52	1.71	3.41	2.90	2.70	21.10	17.32	15.73	29.58	28.14	27.53	24.88	24.54	22.32	23.79	21.62	19.99	19.34	18.74	17.88	18.08	16.08	17.47	12.78	1.91	10.97	11.12	6.95	6.83	6.11	5.90	6.07	5.70	5.42	5.18	5.21	4.75	3.92	3.94	3.76	3.49	3.49	3.21	2.96	2.95	2.66	2.64	2.58	2.53	1.56	1.65	1.55	1.49	1.50	1.18	0.94	1.02	1.10	1.21	1.30	1.44	1.65	1.69	0.92	1.07	1.28	0.00	0.00	0.00
Cash and cash equivalents	1.52	1.71	1.76	1.30	1.21	9.86	6.34	4.33	14.67	14.87	14.27	10.87	12.29	9.89	10.38	9.82	9.07	8.96	8.73	9.48	7.89	7.26	8.89	6.61	0.82	3.55	4.64	0.58	1.18	0.53	0.90	1.09	0.96	1.35	1.09	1.03	0.76	0.31	0.80	0.64	0.63	0.87	0.58	0.37	0.33	0.36	0.27	0.39	0.67	0.17	0.18	0.18	0.13	0.07	0.41	0.13	0.11	0.07	0.16	0.09	0.10	0.10	0.41	0.44	0.27	0.46
Short-term investments		0.00	1.65	1.60	1.50	11.24	10.98	11.40	14.91	13.27	13.25	14.01	12.26	12.43	13.41	11.80	10.92	10.38	10.01	8.40	10.19	8.82	8.58	6.18	1.09	7.42	6.47	6.37	5.65	5.57	5.00	4.98	4.74	4.08	4.10	4.18	3.99	3.61	3.15	3.12	2.86	2.62	2.62	2.59	2.62	2.30	2.37	2.19	1.86	1.39	1.47	1.36	1.36	1.44	0.77	0.82	0.91	1.04	1.05	1.21	1.34	1.55	1.27	0.49	0.80	0.82
Accounts receivable, net	1.03	1.15	1.05	1.00	0.93	6.69	6.31	6.17	4.68	4.95	5.43	4.69	3.20	5.71	4.95	3.88	2.85	3.37	3.21	2.43	1.85	2.46	2.04	6.36	0.17	2.99	1.14	0.86	0.71	1.33	0.68	0.60	0.52	0.58	0.38	0.50	0.33	0.98	0.20	0.15	0.19	0.17	0.07	0.10	0.09	0.11	0.09	0.09	0.22	0.14	0.11	0.10	0.17	0.14				0.07
Inventories	0.02	0.02	0.01	0.01	0.01	0.06	0.07	0.04	0.11	0.06	0.07	0.05	-0.49	-0.14			-0.34	-0.03				-0.25				-10.40	0.00	0.00	0.00	0.00	0.00	0.00	-0.06	0.00						0.00		0.00					0.00					0.00		0.00				-0.07
Other current assets		0.00				0.10						0.12	0.49	0.18			0.34	0.03				0.25				10.40	0.00	0.00	0.00	0.00	0.00	0.00		0.06																			0.06	0.01	0.55	0.43	0.40	0.34	0.41	0.70	0.70	0.77	0.71	0.97	0.95	0.87
Total current assets	2.57	2.88	4.47	3.91	3.65	27.85	23.70	21.94	34.37	33.14	33.03	29.75	28.23	28.22	28.74	25.49	23.18	22.74	21.95	20.30	19.94	18.79	19.50	19.14	2.07	13.96	12.26	7.81	7.54	7.43	6.57	6.68	6.22	6.06	5.57	5.72	5.08	4.90	4.14	3.91	3.68	3.67	3.28	3.05	3.03	2.77	2.73	2.68	2.75	1.69	1.76	1.64	1.72	1.65	1.73	1.38	1.42	1.52	1.62	2.00	2.14	2.42	2.40	1.89	2.02	2.16
Total non-current assets +	9.80	9.97	2.55	2.55	2.38	17.96	15.96	16.68	2.31	2.15	2.21	2.23	2.16	1.90	1.95	1.99	1.74	1.89	2.03	2.18	2.27	2.35	2.02	1.54	0.18	1.18	1.07	1.17	1.20	1.03	0.83	0.52	0.56	0.54	0.33	0.31	0.33	0.34	0.21	0.22	0.23	0.23	0.22	0.23	0.14	0.10	0.10	0.04	0.04	0.04	0.03	0.03	0.03	0.04	0.04	0.04	0.04	0.05	0.05	0.06	0.06	0.06	0.06	0.07	0.06	0.07
Property, plant and equipment, net											1.65	1.63		1.32	1.29	1.24	0.98	0.98	0.96	0.92	0.84	0.74	0.73	0.73	0.49	0.41	0.37	0.37	0.37	0.00	0.02	0.17
Goodwill	0.35	0.35	0.36	0.35	0.33	2.54	2.41	2.52	2.52	0.00																0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible assets	8.95	9.10	1.75	1.75	1.63	12.34	11.50	12.01	0.02	0.10	0.12	0.13	0.13	0.15	0.20	0.22	0.23	0.25	0.28	0.30	0.32	0.34	0.39	0.41	0.06	0.47	0.42	0.42	0.45	0.47	0.49	0.15	0.12	0.12	0.16	0.16	0.17	0.18	0.17	0.18	0.18	0.19	0.19	0.19	0.11	0.06	0.06	0.00	0.00	0.00	0.00
Long-term investments	0.04	0.04	0.04	0.04	0.03	0.23	0.19	0.20	0.15	0.13	0.16	0.18	0.14	0.13	0.16	0.20	0.24	0.37	0.59	0.75	0.91	1.08	0.65	0.15	0.15	0.15	0.00	0.00	0.00	0.00	0.00	0.00
Other non-current assets
Total assets	12.38	12.84	7.02	6.46	6.03	45.81	39.66	38.62	36.68	35.29	35.24	31.98	30.39	30.12	30.69	27.48	24.91	24.63	23.99	22.48	22.21	21.14	21.52	20.68	2.25	15.14	13.33	8.98	8.73	8.46	7.40	7.20	6.78	6.60	5.90	6.03	5.41	5.24	4.35	4.13	3.91	3.90	3.50	3.28	3.18	2.87	2.83	2.72	2.79	1.73	1.80	1.68	1.75	1.69	1.77	1.42	1.46	1.56	1.67	2.05	2.20	2.48	2.46	1.95	2.08	2.22

Total current liabilities +	1.18	1.42	0.74	0.63	0.59	5.31	4.59	4.36	2.76	2.48	2.90	1.99	1.96	1.82	2.99	1.94	1.34	1.57	1.83	1.35	1.29	1.25	2.26	2.01	0.11	0.94	0.65	0.52	0.44	0.44	0.32	0.33	0.26	0.33	0.43	0.59	0.40	0.41	0.42	0.38	0.39	0.41	0.46	0.51	0.59	0.66	0.72	0.80	0.86	0.91	1.16	1.06	1.14	1.18	1.33	0.93	0.94	0.98	1.07	1.11	1.17	1.32	1.27	0.71	0.84	0.89
Accounts payable	0.86	1.07							3.40	2.31	2.34	1.88	1.83	1.72	1.92	1.58	1.25	0.35	0.47	0.19	0.07	0.15	1.23	1.09	0.10	2.99	1.14	0.86	0.71	1.33	0.62	0.55	0.46	0.58	0.38	0.50	0.33	0.02	0.20			0.03											0.11	0.08	0.02	0.02	0.02	0.03	0.03	0.02	0.03	0.03	0.03	0.03	0.04	0.04
Short-term debt	0.31	0.29	0.02	0.02	0.01	0.09	0.09	0.09	0.09	0.09	0.08	0.08	0.09	0.07	0.08	0.08	0.06	0.06	0.06	0.06	0.05	0.04	0.04	0.04	0.00	0.03	0.03	0.03	0.03	0.00	0.00	0.00						0.06			0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.16	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.12	0.01	0.01	0.01	0.01
Current portion of long-term debt	0.28	0.27																								0.00	0.00	0.00	0.00	0.00	0.00	0.00
Deferred revenue
Other current liabilities	-0.02	0.04	0.60	0.60	0.53	3.48	3.18	3.40	2.51	2.31	2.82	1.91	1.87	1.75	2.91	1.86	1.28	1.16	1.77	1.29	1.24	1.21	2.22	1.97	-0.03	0.84	0.56	0.49	0.40	0.32	0.27	0.30	0.22	0.18	0.21	0.35	0.13	0.10	0.17	0.14	0.13	0.10	0.10	0.11	0.11	0.11	0.10	0.12	0.11	0.09	0.13	0.11	0.12	0.09	0.10	0.11	0.10	0.06	0.10	0.09	0.10	0.07	0.13	0.33	0.40	0.34
Total non-current liabilities +	5.52	5.59	0.53	0.53	0.50	3.81	3.15	3.29	1.42	1.20	1.22	1.23	1.25	1.01	1.04	1.05	0.86	0.86	0.87	0.88	0.82	0.77	0.79	0.80	0.02	0.16	0.16	0.17	0.17	0.00	0.00	0.00	0.00	0.00	0.00					0.00	0.00	0.00	0.00	0.00	0.00	0.18	0.18	0.17	0.17	0.16	0.12	0.12	0.12	0.13	0.08	0.08	0.10	0.10	0.06	0.07	0.07	0.08	0.04	0.04	0.03	0.03
Long-term debt	4.93	5.00				0.94	0.90	0.93	0.92	0.68																0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital lease obligations	0.14	0.15	0.14	0.15	0.14	1.03	0.99	1.02	1.01	0.77	0.79	0.80	0.83	0.60	0.63	0.63	0.42	0.43	0.44	0.44	0.38	0.32	0.34	0.36	0.17	0.18	0.19	0.19	0.20	0.00	0.00	0.00
Other non-current liabilities																										0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total liabilities	6.69	7.01	1.27	1.16	1.08	9.11	7.74	7.65	4.18	3.68	4.13	3.22	3.20	2.84	4.03	2.99	2.20	2.43	2.70	2.23	2.12	2.02	3.05	2.81	0.13	1.10	0.82	0.69	0.61	0.45	0.32	0.34	0.26	0.33	0.43	0.59	0.40	0.41	0.42	0.38	0.39	0.42	0.46	0.51	0.59	0.83	0.90	0.97	1.03	1.07	1.28	1.18	1.27	1.31	1.40	1.00	1.03	1.08	1.14	1.17	1.24	1.40	1.31	0.75	0.87	0.92

Total stockholders' equity +	5.68	5.83	5.75	5.30	4.95	36.70	31.92	30.97	32.50	31.61	31.11	28.76	27.19	27.28	26.66	24.48	22.72	22.20	21.29	20.25	20.10	19.12	18.48	17.87	2.12	14.05	12.51	8.29	8.13	8.01	7.08	6.86	6.52	6.27	5.47	5.44	5.01	4.83	3.93	3.75	3.52	3.49	3.04	2.77	2.59	2.03	1.93	1.75	1.76	0.66	0.51	0.50	0.49	0.38	0.37	0.41	0.43	0.49	0.53	0.88	0.96	1.08	1.15	1.20	1.21	1.30
Common stock and paid-in capital	1.59	1.75	1.72	1.70	1.59	13.15	12.30	12.84	12.69	12.59	12.66	12.59	12.52	12.47	12.36	12.24	12.21	12.18	12.15	12.09	12.08	12.01	12.01	11.99	1.76	11.92	11.90	8.25	8.22	8.21	8.21	8.19	8.14	8.13	8.13	8.13	8.04	7.93	7.90	7.80	7.75	7.71	7.67	7.55	7.39	7.06	7.04	7.02	7.02	6.02	5.93	5.92	5.89	5.86	5.49	5.49	5.50	5.49	5.50	5.49	5.49	5.51	5.50	5.55	5.50	5.47	0.00	0.00	0.00
Retained earnings	4.09	4.09	4.03	3.60	3.36	23.55	19.62	18.13	19.80	19.02	18.45	16.17	14.67	14.81	14.30	12.24	10.51	10.02	9.14	8.16	8.02	7.11	6.46	5.88	0.36	2.13	0.61	0.03	-0.09	-0.20	-1.13	-1.33	-1.62	-1.85	-2.67	-2.69	-3.03	-3.11	-3.96	-4.05	-4.23	-4.23	-4.63	-4.78	-4.80	-5.03	-5.10	-5.27	-5.25	-5.36	-5.42	-5.43	-5.41	-5.48	-5.12	-5.07	-5.07	-5.01	-4.97	-4.61	-4.54	-4.43	-4.36	-4.35	-4.29	-4.17
Common shares outstanding	639	673	621	620	639	642	649	649	657	658	659	658	658	661	659	660	660	661	661	659	660	661	659	658	658	658	649	630	615	621	620	619	621	622	631	621	619	619	618	618	607	594	610	611	597	578	575	568	560	532	534	507	507	478	465	449	434	449	449	450	449	449	450	449	449	449	450	449	449

Balance Sheet - GENMAB A/S (GMAB)

Balance Sheet - GENMAB A/S (GMAB)